TSB to close a third of branches and cut 900 jobs

TSB branch Image copyright Getty Images

TSB will close 164 of its branches and cut 900 jobs, blaming “a significant shift in customer behaviour” as more customers bank online.

The figure is in addition to 82 it said it would close in November, when it set out plants to save £100m by 2022.

Union Unite’s national officer Dominic Hook described the move as “a dark day for the finance sector”.

TSB boss Debbie Crosbie said the closure plan was not an easy decision.

Leave a Reply